WallitIQ (WLTQ) Rises As Its Price Drops Below Key Support Levels, But a New AI-Powered Altcoin Is Gaining Momentum

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Shiba Inu (SHIB) is struggling as its price drops below key support levels, but a new AI-powered altcoin, WallitIQ (WLTQ), is gaining momentum with a 5,500% projected increase.

While the Shiba Inu price decline and the lack of institutional interest in the SHIB token raise concerns, this AI token boasts a bullish outlook. It offers advanced technology, crypto wallet management solutions, and security features that are quickly drawing attention from both institutional and retail investors.

Shiba Inu Price Faces Critical Support Test Amid SHIB’s Decline

The Shiba Inu price has fallen below the $0.000015 mark, signaling a challenging phase for the meme coin. The token is now trading at $0.00001479, marking a 5.32% drop in the past 24 hours and a 7% decline over the past week.

As the Shiba Inu price slides further, analysts are monitoring key support levels. These critical zones lie at $0.000011 and $0.000008 for the Shiba Inu price.

Ali Martinez, a market analyst, noted that the Shiba Inu price’s recent breakdown mirrors its historical price patterns. After a peak in late 2021, the token entered a prolonged consolidation phase. A breakout attempt in early 2024 failed, leading to further losses.

Martinez highlighted that a breakdown below $0.000011 could accelerate SHIB’s decline, but a strong defense at this level might stabilize the Shiba Inu price.

Despite the bearish trend, some analysts predict a possible reversal. Javon Marks pointed out that the Shiba Inu price is forming an inverse head and shoulders pattern, which could push the price toward $0.000081.

However, the lack of interest from institutions and the declining whale activity, with large transactions dropping by 80% in the past 12 weeks, suggest that confidence in SHIB is weakening.

WallitIQ (WLTQ) Rises As Focus Shifts

As the Shiba Inu price struggles and the lack of institutional interest in the SHIB token becomes clear, another altcoin is emerging as a dominant force.

WallitIQ (WLTQ) is the native token of an AI-driven crypto wallet management platform that is gaining attention for its security, passive income opportunities, and trading automation.

This AI token, currently available for presale at a low price of $0.0420, is estimated by market analysts to experience a massive 5,500% surge in 2025.

The AI token is used to power the WallitIQ platform, which is designed to solve major pain points in the crypto industry, such as poor user experience and persistent security concerns.

The platform’s AI-powered predictive analytics tool assists traders in identifying profitable opportunities by continuously processing live and historical market data.

Moreover, users can stake their WLTQ tokens to unlock attractive APYs of up to 180%, providing passive income potential.

The AI token is also the heart of a cutting-edge crypto wallet, which is set to launch its beta version soon. This integration will introduce an unparalleled level of user experience with advanced portfolio management tools.

The crypto wallet allows users to seamlessly visualize their crypto holdings, track the latest price trends, and execute transactions effortlessly.

Why Traders Are Betting On AI Token Over Shiba

Shiba Inu’s (SHIB) market dominance has weakened as confidence has declined. The token’s large transactions have dropped by over 80%., and its price struggles to find strong support.

In contrast, WallitIQ (WLTQ) is gaining traction due to its AI-powered technology, secure crypto wallet, and real-world applications. This is quickly attracting both institutional and retail investors.

Early investors in the AI token are well-positioned for substantial gains. The platform offers multiple revenue streams with its staking rewards, passive income options, and AI-driven market insights.

Additionally, the crypto wallet provides users with the ability to track real-time prices and manage their portfolios with ease.

With a limited token supply, exchange listings on the horizon, and a low starting price of $0.0420, WallitIQ (WLTQ) is becoming a top pick for traders seeking high-impact investments in the latter half of 2024.

Join the WallitIQ (WLTQ) presale and community:

Website: https://wallitiq.io/

Whitepaper: https://wallitiq.gitbook.io/wallitiq

Telegram: https://t.me/wallitiqofficial

Twitter/X: https://x.com/wiqnetwork

Instagram: https://www.instagram.com/